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E-Malt.com Newsletter 07b
February 14 - February 17, 2019
Quote of the Week
Curiosity will conquer fear even more than bravery will.
James Stephens
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Currency Rates
Base Currency: US Dollar
on February 15, 2019 |
Base Currency: Canadian Dollar
on February 15, 2019 |
| |
1 USD = 0.8864 EUR
1 USD = 0.7796 GBP
1 USD = 1.3272 CAD
1 USD = 1.4072 AUD
1 USD = 110.8300 JPY
1 USD = 3.7494 BRL
1 USD = 66.6819 RUB
1 USD = 6.7674 CNY
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1 CAD = 0.7533 USD
1 CAD = 0.5873 GBP
1 CAD = 0.6677 EUR
1 CAD = 1.0601 AUD
1 CAD = 83.4900 JPY
1 CAD = 2.8245 BRL
1 CAD = 50.2339 RUB
1 CAD = 5.0981 CNY
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Currency Rates Chart
Equities of the Largest Breweries
USA, IL: Two new microbreweries to open this year in Huntley
...Click here
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USA, VT: Collaborative Brewing Co. preparing for a launch in Waitsfield
...Click here
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USA, WI: Delta Beer Lab to become Madison’s newest brewery
...Click here
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USA, IL: Ike and Oak Brewing Co. already open in Woodridge
...Click here
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USA, CO: Sparge Brewing to open its doors in Wellington next month
...Click here
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USA, WA: Off The Rails Brewing opens its doors in Washington
...Click here
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USA, TX: Last Stand Brewing Co. to open second location in Austin
...Click here
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USA, GA: 5 Seasons Brewing Company closing down its Atlanta West Midtown location
...Click here
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Malaysia: Carlsberg Brewery Malaysia reports 25.3% increase in net profit last year
...Click here
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Vietnam & Thailand: ThaiBev’s profits set to rise 11% in Q1 2019
...Click here
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India: United Breweries’ net profit up 130.41% in December 2018 quarter
...Click here
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India: Enforcement Directorate may allow banks to sell Vijay Mallya’s shares in United Breweries after court’s approval
...Click here
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Sri Lanka: Lion Brewery urges government to come up with fool proof mechanism against tax revenue leakages
...Click here
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Australia: Barley big winner in Western Australia’s grain harvest last year
...Click here
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Luxembourg: Brasserie Nationale sees increase in both production and sales of beer in 2018
...Click here
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Graph of the Week
Table of the Week
World Use of Hops and Hop Products 1997 - 2018s
Prices Evolution
Barley Prices
Theoretical Malt Prices
Scientific Digest
HUMULINONES - YES YOU CAN!
ABSTRACT
20 years ago, the International Hop Standards Committee
(IHSC) was founded to take care of the production,
release and maintenance of HPLC calibration standards
for use in the quantitative determination of various bitter
components in hops, hop products and in beer. The new
standard for humulinones was prepared with the help of
John Paul Maye, Bob Smith and Jeremy Leker. The validation
procedure included a collaborative HPLC study in
which the prospective new standard was crosschecked
against a high purity, DCHA-humulinones standard. So
go ahead and find your humulinones.
REFERENCES:
Biendl, M, Forster, B.: New International Calibration Standards, Brewing Science
Sep/Oct 2018
Read more
Source: Barth Innovations
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These Days in Business History
14 February
1794 - 1st US textile machinery patent granted, to James Davenport
1924 - IBM Corporation founded by Thomas Watson
1946 - Bank of England nationalized
1946 - John W. Mauchly and J. Presper Eckert, Jr., officially unveil their Electronic Numerical Integrator and Computer, performing 5,000 additions and 300 multiplications per second and weighing more than 30 tons
2005 - YouTube is launched by a group of college students, eventually becoming the largest video sharing website in the world and a main source for viral videos
15 February
1946 - Bank of England nationalized
1955 - 1st pilot plant to produce man-made diamonds announced
1995 - Dow-Jones closes at record 3986.17
16 February
1978 - 1st Computer Bulletin Board System (Ward and Randy's CBBS, Chicago)
1990 - Cisco Systems, Inc. goes public on NASDAQ, selling 2.8 million shares at an initial offering price of $18 per share
1998 - Tellabs Inc. acquires Coherent Communications Systems for $670 million
17 February
1878 - Silver dollar became U.S. legal tender
1986 - 1st Francophone Summit convenes at Versailles
1989 - Egypt, Iraq, Jordan and North Yemen form common market
Agenda
February 2019:
15 - 16: Braukunst Live! 2019 (Munich, Germany)
16 - 19: Beer Attraction 2019 (Rimini, Italy)
19 - 21: Beviale Moscow 2019 (Moscow, Russia)
19 - 23: Great British Beer Festival Winter 2019 (Norwich, UK)
March 2019:
05 - 07: Expo Antad & Alimentaria Mexico 2019 (Mexico City, Mexico)
11 - 13: 105th Brewing and Engineering Congress 2019 (Rust, Germany)
13 - 14: BeerX 2019 (Liverpool, UK)
13 - 16: Festival Brasileiro da Cerveja 2019 (Blumenau, Brazil)
14 - 16: Alltech Craft Brews & Food Fair 2019 (Dublin, Ireland)
15 - 17: Barcelona Beer Festival 2019 (Barcelona, Spain)
27 - 28: Craft Beer Italy 2019 (Milan, Italy)
27 - 29: 10th World Barley, Malt & Beer Conference (Warsaw, Poland)
April 2019:
08 - 11: Craft Brewers Conference & BrewExpo America 2019 (Denver, Colorado, USA)
10 - 12: Drink Technology India 2019 (Bengaluru, India)
26 - 28: Zythos Beer Festival 2019 (Leuven, Belgium)
May 2019:
15 - 17: Craft Beer China 2019 (Shanghai, China)
21 - 24: Beer 2019 (Sochi, Russia)
21 - 26: Latvia Beer Fest 2019 (Riga, Latvia)
22 - 25: Mondial de la Biere 2019 (Montreal, Canada)
23 - 25: Copenhagen Beer Festival 2019 (Copenhagen, Denmark)
28 - 30: Brasil Brau 2019 (Sao Paulo, Brazil)
30 - 01 June: Expo Wine + Beer 2019 (Santiago de Chile, Chile)
June 2019:
02 - 06: The 37th Congress of the European Brewery Convention (Antwerp, Belgium)
03 - 04: The Brewers of Europe Forum 2019 (Antwerp, Belgium)
09 - 11: Brewing Conference 2019 (Bangkok, Thailand)
25 - 26: BevExpo 2019 (Ricoh Arena, Judds Lane, Coventry, United Kingdom)
July 2019:
03 - 04: Craft Drinks India 2019 (Bengaluru, India)
09 - 11: Fdt Africa 2019 (Midrand, South Africa)
August 2019:
02 - 04: The 23rd International Berlin Beer Festival (Berlin, Germany)
06 - 10: The Great British Beer Festival 2019 (London, UK)
07 - 10: VIETFOOD & BEVERAGE - PROPACK 2019 (Ho Chi Minh City, Vietnam)
09 - 10: Beervana 2019 (Wellington, New Zealand)
September 2019:
04 - 08: Mondial de la Biere 2019 (Rio de Janeiro, Brazil)
21 - 06 October: Oktoberfest 2019 (Munich, Germany)
26 - 27: Sea Brew 2019 (Bangkok, Thailand)
October 2019:
03 - 05: The Great American Beer Festival 2019 (Denver, USA)
November 2019:
12 - 14: Brau Beviale 2019 (Nuremberg, Germany)
December 2019:
05 - 07: Drink Technology India 2019 (New Delhi, India)
More events are available on site e-malt.com
News Articles
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USA, IL: Two new microbreweries to open this year in Huntley
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Two new microbreweries are gearing up to open in Huntley this spring/summer in what are now vacant buildings, the Chicago Daily Herald reported on February 13.
Sew Hop'd Brewery, a microbrewery/taproom, plans to begin brewing operations this month, with opening set for April. It will be Huntley's first microbrewery, located at 1 Union Special Plaza, west of Route 47 and three blocks north of Main Street and downtown.
Renovations also are expected to begin soon for Villa Park-based More Brewing Company's new brewery and restaurant at 13980 Automall Drive off Freeman Road -- formerly a Chevrolet dealership -- on the village's south side. The company plans to begin brewing in late spring and open by late summer, according to company officials.
Union Special, which has been operating in Huntley since 1949, is the oldest, largest and the one of the last industrial sewing machine manufacturers in the country. Its owners -- craft beer enthusiasts Terry Hitpas, Tom Bartel and Lance Lamb -- are part of the owner/investor group funding building and site improvements to accommodate Sew Hop'd Brewery.
The brewery will be housed in a renovated, 2,700-square-foot vacant space within the former Borden Dairy section at the southeast corner of the manufacturing plant. It
...More info on site
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USA, VT: Collaborative Brewing Co. preparing for a launch in Waitsfield
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Good beer starts with clear water. Or in the case of Collaborative Brewing Co., it starts with Clear Water Filtration, BurlingtonFreePress.com reported on February 11.
That’s the name of the Waitsfield water-treatment business run by Steve Parker and his sister, Jen Fleckenstein, in Mad River Park. It’s also the location of the newest brewery to hit the already-sudsy Mad River Valley, which is home to Lawson’s Finest Liquids and Cousins Brewing.
Parker and Fleckenstein are partners in Collaborative with their tax preparer, Craig Isvak, and brewer Brett Seymour, all of whom live in the Mad River Valley. Seymour and Parker are childhood friends.
When Collaborative Brewing starts selling beer as early as next month, Seymour will become the first winner of the Make the Cut homebrew contest to open his own brewery. His victory in 2015 for his schwarzbier, according to Seymour, confirmed there was something special in that dark German-styled brew.
Isvak, who owns Associates in Accounting in South Burlington, keeps a keg in his office. “They mentioned beer,” he said of his now-partners in Collaborative Brewing, “and my eyes lit up – beer!”
That was in August 2017. Four months later, the partners had a pilot system going. Fleckenstein said they and a
...More info on site
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USA, WI: Delta Beer Lab to become Madison’s newest brewery
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The craft beer explosion continues here in Madison. Delta Beer Lab is the newest brewery to come to the capitol city. They’re experimenting, formulating, and testing some new hoppy hypotheses when it comes to the chemistry of beer, WMTV reported on February 13.
“Our walls are white, our floors are polished concrete, and most of our table surfaces are the exact same material you’ll find in a science lab,” said Chief Beer Officer Tim Piotrowski who goes by “Pio”.
“Pio” is the brains behind the science. He’s been brewing beers for 10 years now.
“One of the things I learned really early on in my career is to make beers for the guest,” said Pio.
In addition to brewing great beer, Pio plans to give back to the city of Madison.
“All of our employees will be paid a living wage, we won’t accept tips in the tap room,” he said.
If you do tip the bartender, that money will be collected and given to a chosen local non-profit organization each month.
"We have an opportunity in business to be better. To not just take from our community, but to be a part of our community. To be responsible in employment, to be responsible with profit,” said
...More info on site
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USA, IL: Ike and Oak Brewing Co. already open in Woodridge
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The drink menu at Ike and Oak Brewing Co. isn't for the indecisive. The newly opened Woodridge brewery boasts nearly a dozen inventive beers that are brewed in-house, from cream ales and IPAs to chocolatey stouts and porters, in addition to an assortment of honey- and lemon-infused "draft cocktails." And all that to consider even before you open the gastropub-style food menu, Patch.com reported on February 12.
Ike and Oak hosted its soft opening on Friday, February 8, welcoming a crowd of eager customers who packed the beer hall and took in the brew tanks, which are visible from "every vantage point," according to a news release.
Seasonsed brewer Nathan Tertell, who has worked for Two Brothers and Lagunitas, works as head brewer at Ike and Oak and has uses a 10-barrel brewing system that allows him to whip up small batches.
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USA, CO: Sparge Brewing to open its doors in Wellington next month
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The town of Wellington is on the verge of getting another craft brewery, The Coloradoan reported on February 14.
Sparge Brewing plans to open in March just off Interstate 25 at 3999 George W. Bush Ave. in the town just north of Fort Collins that has grown to about 10,000 residents.
The operation will join other Wellington brewery taprooms Old Colorado Brewing and Soul Squared Brewing — which brews on a private Fort Collins farm but has a Wellington taproom.
“I fell in love with Wellington throughout the process,” Sparge founder Rich Efird said. “It is the perfect town for what we want to do.”
Sparge Brewing — named after a rinsing method used in the brewing process — plans to focus on sessionable beers.
The brewery also plans on offering a gluten-free beer made with a seeded grass called millet.
“We will emphasize refreshing, easy-drinking but flavorful beers,” Efird said. “I came to the conclusion that if everybody will drink it, people will stay longer.”
Efird became interested in craft beer about a decade ago and began homebrewing about eight years ago. He grew up in a military family — he was born in North Carolina, later lived in Germany and graduated from a South Dakota
...More info on site
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USA, WA: Off The Rails Brewing opens its doors in Washington
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A new brewery, offering burgers, pizza and more, has opened its doors in Washington. Off The Rails Brewing is located at 111 S. Murphy Ave., KGO-TV reported on February 14.
This new spot -- located in the former Firehouse Grill and Brewery -- bills itself as an "American brewpub," which specializes in craft beers and "fresh food made of local ingredients," according to its website.
The brewery offers six craft brews, like the Trainwreck ale, a Bavarian hefeweizen and the Dub Nation Dubbel Belgian brown ale.
With a 4.5-star rating out of 14 reviews on Yelp so far, the new brewery seems to be a welcome addition to the neighborhood.
Yelper Ben P. said, "I like the new format and layout compared to Firehouse. It's bright, the floor is level and the rooms have been opened up."
Off The Rails Brewing is open from 11 a.m.-10 p.m. Monday-Saturday.
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USA, TX: Last Stand Brewing Co. to open second location in Austin
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Last Stand Brewing Co. will open a second location at The Collective on South Congress Avenue in Austin, the Community Impact Newspaper reported on February 12.
The brewing company currently operates a taproom and brewery in Western Travis County at 12345 Pauls Valley Road, Building J, Austin.
“We are in the process of working through the City of Austin permitting process and hope to open next winter,” the company said in an emailed statement to Community Impact Newspaper. “More details will be announced closer to opening.”
The Collective is located at 7601 S. Congress Ave., Austin.
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USA, GA: 5 Seasons Brewing Company closing down its Atlanta West Midtown location
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The West Midtown location of 5 Seasons Brewing Company is set to close this weekend, less than two months after the closure of its Sandy Springs location, the Atlanta Journal Constitution reported on February 12.
5 Seasons owner Crawford Moran said the brewpub’s lease at 1000 Marietta St. NW is up after 10 years and “unfortunately, we were unable to renew it.”
The Westside location will be open for regular business hours through Feb. 17. A “fun celebration” will be held Feb. 23, followed by a “drain the tanks” farewell celebration on Feb. 28.
The brewpub also addressed the closure on its Facebook page:
We are sad to announce that after a decade we are unfortunately not able to renew our lease. 5 Seasons Westside is a special place and we have truly loved serving our guests over the past ten years. We have loved working side by side with so many creative and wonderful people that have shared our passion for great food, great beer and friendly hospitality. And it has been an honor to be a small part of so many people's lives - from weddings, birthdays, and other fun celebrations of life, to just meeting up with friends
...More info on site
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Malaysia: Carlsberg Brewery Malaysia reports 25.3% increase in net profit last year
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Carlsberg Brewery Malaysia Bhd registered a net profit of RM277 million for 2018, a 25.3% increase compared with 2017, its managing director Lars Lehmann
...More info on site
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Vietnam & Thailand: ThaiBev’s profits set to rise 11% in Q1 2019
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ThaiBev's profits are set to rise 11% to $255.3 mln (฿5.9 bln) in 1Q2019 from $229.3 mln (฿5.3 bln) as the usual year-end festivities
...More info on site
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India: United Breweries’ net profit up 130.41% in December 2018 quarter
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United Breweries standalone net profit rose 130.41% in the December 2018 quarter, the Business Standard reported on February 14.
The company’s net profit rose 130.41%
...More info on site
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India: Enforcement Directorate may allow banks to sell Vijay Mallya’s shares in United Breweries after court’s approval
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The Enforcement Directorate, through a consortium of banks led by the State Bank of India, has informally conveyed to Heineken NV, part-owner of United
...More info on site
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Sri Lanka: Lion Brewery urges government to come up with fool proof mechanism against tax revenue leakages
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Sri Lanka’s largest brewer has urged the government to come up with a fool proof mechanism to eliminate the tax revenue leakages stemming from non-declaration of full production volumes by spirits makers, the Daily Mirror reported on February 14.
“As is common knowledge, a number of players within the spirits industry don’t declare their full production, thereby avoiding the payment of due taxes. We are made to understand that the resulting tax leakage is of a significant value.
Thus, a system to prevent such leakage is imperative and has our full and unstinted support. We trust the Excise Department will—in consultation with the alcobev industry— find a foolproof mechanism to eliminate this leakage,” Lion Brewery (Ceylon) PLC (LION) said releasing its third quarter results on February 13.
“It is imperative that the mechanism so decided upon is indeed fool proof, is easy to implement and is not outdated in terms of technology.
It is also imperative that the mechanism is cost neutral to manufacturers and is funded entirely out of the anticipated gain in government revenue,” the company added.
Meanwhile, Lion Brewery said the government revenue from the beer industry had grown by Rs.7 billion to Rs.25 billion in the first nine months
...More info on site
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Australia: Barley big winner in Western Australia’s grain harvest last year
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Barley was the big winner in Western Australia’s grain harvest with an increased production of just over 5.1 million tonnes, up 35.1 per cent on 2017, the Farm Weekly reported on February 14.
In releasing its final crop report for the 2018 harvest on February 8, the Grain Industry Association of Western Australia (GIWA) said WA’s final grain yield for the 2018 season was 17.9 mln tonnes.
This includes the 16.4 mln tonnes delivered through the CBH network plus on-farm seed and feed requirements and grain traded outside of CBH.
GIWA confirmed that it was WA’s second biggest harvest ever and the most valuable at just under A$7 billion.
The end result is somewhat a surprise for the State.
Earlier predictions of 14 mln tonnes following the dry spring and several severe frost events were eclipsed by a nearly 4 mln tonnes turnaround over most parts of WA, due to the late soft finish and mild temperatures during grain fill prior to harvest.
Total tonnage for the Kwinana port zone was up 2.2 mln toonnes from 2017 and Geraldton port zone was 2 mln tonnes up from 2017.
The Esperance and Albany port zones were both down from 2017 with a decrease of 0.5 mln tonnes
...More info on site
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Luxembourg: Brasserie Nationale sees increase in both production and sales of beer in 2018
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The Brasserie Nationale, Luxembourg’s largest beer maker, saw an increase in both its production and sales of beer in 2018, RTL Today reported on February 14.
In total, the brewery brewed around 15,500,000 litres of peer (155,000 hectolitres), which marks an increase of over 700,000 litres. To look at it another way, the brewery produced an additional 3 million half-pints of beer compared to 2017.
This also was reflected in the brewery's turnover, which, having increased by 4%, lay at €10.7 million.
It is likely, the brewery benefited from the long period of hot and dry weather over the summer, as its profits before tax rose by 2.5% to €4 million.
Given Luxembourgish residents' beer habits, it is hardly a surprise that the Brasserie Nationale performed well.
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